FEAR & GREED | Business News

The Australian economy is in recession for the first time in nearly 30 years, but politicians, investors and economists think the worst is over. 

Also today:

•   Cash handouts for people building a new home or renovating
•   Which are the two hottest stocks on the market at the moment?
•   And the end is nigh for the humble cheque

Also, we get a bit of an investment lesson from Scott Haslem, the Chief Investment Officer of Crestone Wealth Management.

Find out more: https://fearandgreed.com.au/

See omnystudio.com/listener for privacy information.

Sean Aylmer speaks to Scott Haslem, Chief Investment Officer of Crestone Wealth Management, about the current state of the market, with some handy explanations of some of the language used by professional investors.

Find out more: https://fearandgreed.com.au/

See omnystudio.com/listener for privacy information.

Virgin Airlines emerges with two serious contenders for the beleaguered airline. 

Also today:

• Riots across the United States continue with New York City becoming the centre of friction
• Why a media mogul bought into a building company
• And Australian universities are in despair but is the government listening?

Plus, an interview with Trent Nikolic, Managing Editor of Car Advice, about the state of the vehicle industry in Australia.

Find out more: https://fearandgreed.com.au/

See omnystudio.com/listener for privacy information.

Sean Aylmer speaks to Trent Nikolic, Managing Editor of CarAdvice, about the state of the automotive industry in Australia.  They also look at what went wrong for Holden, what went right for Toyota, and when electric cars will take off.

Find out more: https://fearandgreed.com.au/

See omnystudio.com/listener for privacy information.

The Federal Government will target the construction and entertainment sectors for new hand-outs to help the struggling industries revive.

Also today:

• Riots continue unabated in the United States
• The government’s early release superannuation scheme is becoming a major problem as people access funds to go gambling.
• And TikTok takes over YouTube in terms of revenue, raking in a casual US$17-billion last year

Plus, an interview with Damien Cooley, Managing Director of Cooley Auctions and one of Australia's leading auctioneers, about the state of the property sector.

Find out more: https://fearandgreed.com.au/

See omnystudio.com/listener for privacy information.

Sean Aylmer's extended interview with Damien Cooley, Managing Director of Cooley Auctions, about the state of the property market.

Find out more: https://fearandgreed.com.au/

See omnystudio.com/listener for privacy information.

The United States is in crisis with widespread rioting, curfews and looting. All this on top of the COVID-19 pandemic.  It has the potential to send markets tumbling again. 

Also today:

• Can Australia avoid an economic recession? It’s possible, seriously.
• The property market, which has had a great fortnight, looks to be cooling.
• And who are the richest people in the country?

Plus an interview with Commonwealth Bank chief economist Stephen Halmarick about the encouraging rebound in spending going on in Australia.

Find out more: https://fearandgreed.com.au/

See omnystudio.com/listener for privacy information.

The heads of Australia’s three main regulators are upbeat about the prognosis for the local economy, but their optimism comes with caveats.

Also today:

• The end is nigh for local newspapers outside big cities.
• A big day for the bidders of beleaguered Virgin Australia
• And what’s your favourite style of coffee? And have you drunk as much of the stuff during the COVID-19 crisis?

Plus, an interview with John Stensholt, business reporter from The Australian and expert on the business side of sport. He sheds some light on the financial positions of the football codes. 

Find out more: https://fearandgreed.com.au/

See omnystudio.com/listener for privacy information.

The market capitalisation of the four major banks jumped $31 billion in just two days, yet the share market fell yesterday. A wild ride for traders. 

Also today:

• Nurses, teachers and firefighters in NSW are told they are not getting a pay rise.
• David Jones’ fortunes go from bad to worse
• And who’s richer? Facebook’s Mark Zuckerberg or legendary investor Warren Buffet?

Plus, an interview with Ross Gittins, a doyen of economics in Australia. He explains how the employment market works and why it matters.

Find out more: https://fearandgreed.com.au/

See omnystudio.com/listener for privacy information.

Prime Minister Scott Morrison has outlined a new era of industrial relations reform which he hopes will lead Australia out of recession.  Business and unions have welcomed the idea, but finding common ground won't be easy.

Also today: 

• The local sharemarket surges as states ease restrictions
• The Federal Government readies itself to jump in to save the all-important residential construction sector
• And one of the world’s great gambling moguls, Stanley Ho, dies leaving a mixed legacy

Plus an interview with Wes Lambert, the Chief Executive of the Restaurant and Catering Industry Association, who is upbeat about the sector after a battering during the pandemic. 

Find out more: https://fearandgreed.com.au/

See omnystudio.com/listener for privacy information.